James Minmier - 18 Mar 2023 Form 4 Insider Report for Independence Contract Drilling, Inc.

Role
Director
Signature
/s/ Philip A. Choyce, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
18 Mar 2023
Net transactions value
$0
Form type
4
Filing time
20 Mar 2023, 11:33:14 UTC
Previous filing
14 Feb 2023
Next filing
13 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ICD Common Stock Options Exercise +16,501 +55% 46,440 18 Mar 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ICD Restricted Stock Unit Options Exercise -24,752 -50% 25,000 18 Mar 2023 Common Stock 24,752 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received an annual grant of RSUs as a director of the Company that vest on the one year anniversary of the date of grant. One-third of the RSU's were settled in cash, 2/3 were settled in shares of common stock.